Study: Unemployment Rate Changes by State
Monday, March 25th, 2024
With the U.S. having gained 275,000 jobs in February, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.
In order to take stock of how unemployment rates are changing throughout the U.S., WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (February 2024) to key dates in 2024, 2023, 2020 and 2019.
Below, you can see highlights from the report, along with a WalletHub Q&A.
| Best Change in Unemployment | Worst Change in Unemployment |
|
1. North Dakota |
42. Alaska |
|
2. Mississippi |
43. Rhode Island |
|
3. Maryland |
44. Kentucky |
|
4. Vermont |
45. Washington |
|
5. South Dakota |
46. District of Columbia |
|
6. Kansas |
47. Illinois |
|
7. Wyoming |
48. Connecticut |
|
8. Nebraska |
49. Nevada |
|
9. Minnesota |
50. New Jersey |
|
10. Massachusetts |
51. California |
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/
